This paper deals with the Meinong-Russell controversy on nonsubsistent objects. The first part notes the similarity of certain contemporary semantical developments to Meinonj;'s theory of nonsubsistent objects. Then it lays out the major features of Meinong's famous theory, considers Russell's objections to same and Meinong's counter-objections to Russell, and argues that Russell's well-known argument fails. However, it is possible to augment Russell's argument against Meinong with sound Russellian principles in such a way that it presents at least a strong inclining reason against Meinong's theory of impossible objects.